Tactical; Flexible discipline
Emphasis on maxmiizing return while protecting principle
Backed by extensive credit, economic, and quantitative research
Diversified broadly by structure, geography, and credit quality

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MUNICIPAL BOND STRATEGIES

The PSN Municipal universe was created using the information collected through the PSN investment manager questionnaire and use only gross of fee returns. Mutual fund and commingled fund products are not included in the universe. PSN Top Guns investment managers must claim that they are GIPS compliant. Top ten performers for the latest three-year period become 3 STAR TOP GUNS.

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Q1 2020 COMMENTARY

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Fax:     (203)276-6250

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Stamford, Connecticut

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